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Oct 15, 2012 9:00am EDT
be in jeopardy along with the board positions of his son. julia boorstin has details from los angeles. she will be reporting from the company's annual shareholder meeting tomorrow. >> carl, that's right. a growing list of investors is opposing rupert murdoch and his family's control over news corp. now, calsters, which is the california state teachers retirement pension has $153 billion under management. it's voting against the re-election of every single news corp. director. another california pension fund, the california public employees retirement system, which has $273 billion under management, is opposing the re-election of rupert murdoch and his sons james and lachlan from the board. this according to the telegraph. they have not responded to request for comment. these two join a broad list of investors against the murdoch family control. proxy advisory service glass lewis and british hedge fund hermes have come out in opposition to his role as chir. christian brothers investment services gathered 18 investors with more than $1.6 trillion in assets under management and $13.4 million
Oct 3, 2012 9:00am EDT
us from los angeles. good morning to you. >> good to see you. >> i'll start with the promise of free data. what's the catch? >> no catch. no gimmicks. we're giving every user 500 mega bits of free data a month at a minimum. they can earn more and add friends to freedom pop and earn 10 megs per friend. >> essentially they put down a fully refundable did deposit it says for the modem. as he said, 500 megabytes a month free. and then i guess $10 for each gig over that. that's not a lot of data, i wonder if you think the free part at least might lemt your audience. >> actually 70% of americans actually use less than 500 me megabytes on month on their cell phone. so from the broader market, it's sufficient. but data usage is going up. it's exploding. and the reality is our prices, if you want to buy 5 gigs, our prices are 30% cheaper than verizon orat&t. and there's no contract fees and no fluff. >> nationally you with 4 glt. why do this? i know you have some philosophical reasons behind it, you think the internet is free, it's a right. but history is littered with companies who tried to
Oct 25, 2012 9:00am EDT
interview along with julia boorstin in los angeles. good morning to you. >> good morning. >> it was about 24 hours i was in this very chair when we noticed the stock was halted. a lot of confusion because we didn't quickly understand why. for those who haven't paid extremely close attention can you explain what happened yesterday? >> yeah, sure. we released our earnings before market. we had great earnings. i think revenue was up 38%. profit up 44% year over year. the stock initially went up. as we settled in for our earnings call, we saw our stock dropping. didn't really know what was going on. as we were answering analysts' calls, one of the analysts actually mentioned that we had done a filing earlier, a required sec filing reconciling a profit metric gap to nongap on -- on one of our segments. and fact set, a financial firm, had misinterpreted that as our guidance for the entire company. i guess the market reacted pretty negatively to that. the stock dropped. nasdaq halted. ultimately it was clarified. the stock has rebounded some. certainly not back up to the levels it was prior to that
Search Results 0 to 2 of about 3